In 2021, we made a bold promise: to positively impact the lives of 2 million people through
meaningful, community-led initiatives. As of FY 2024–25, we are proud to honour that our promise
is no longer a goal, but a reality.
At Apraava Energy, we believe progress begins with action, and action, with intent. This year’s
theme, Ripples of Action: Powering 2 Million Smiles, captures the spirit of our journey that is
deliberate, consistent, and deeply human.
True progress is measured as much
in megawatts and market share, as in the impact of our actions across industries,
communities, ecosystems, and generations. Behind this milestone are thousands of stories of
transformation that reflect Apraava’s deep-rooted commitment to inclusive growth,
responsible business, and nation-building.
In this spirit, I invite you to explore our latest Annual Integrated Report—a window into
how we are powering a better tomorrow.
— Rajiv Ranjan Mishra
Managing Director, Apraava Energy
Director – Finance & Chief Financial Officer
Director – Business Development and Commercial
Director – Human Resources
General Counsel
Director – Operations
Director – Projects
Sr. Vice President – Mergers & Acquisitions
Manufactured Capital
Financial Capital
Intellectual Capital
Human Capital
Natural Capital
Social & Relationship Capital
ESG score of 60.68 for FY 2023–24 by ESGRisk.Ai, reflecting status as an ESG leader with a strong track record in managing material ESG risks through a robust risk management framework.
Apraava Energy participated in its first CDP disclosure, receiving a C score in both Climate Change and Water Security, in line with Global Average, Regional Average, and Activity Group Average as per the CDP score release. This score places us at the Awareness level, reflecting our growing understanding of how climate and water-related issues intersect with risk, performance, and long-term value.
ESG score of 60.68 for FY 2023–24 by ESGRisk.Ai, reflecting status as an ESG leader with a strong track record in managing material ESG risks through a robust risk management framework.
Apraava Energy participated in its first CDP disclosure, receiving a C score in both Climate Change and Water Security, in line with Global Average, Regional Average, and Activity Group Average as per the CDP score release. This score places us at the Awareness level, reflecting our growing understanding of how climate and water-related issues intersect with risk, performance, and long-term value.
ESG score of 60.68 for FY 2023–24 by ESGRisk.Ai, reflecting status as an ESG leader with a strong track record in managing material ESG risks through a robust risk management framework.
Apraava Energy participated in its first CDP disclosure, receiving a C score in both Climate Change and Water Security, in line with Global Average, Regional Average, and Activity Group Average as per the CDP score release. This score places us at the Awareness level, reflecting our growing understanding of how climate and water-related issues intersect with risk, performance, and long-term value.
ESG score of 60.68 for FY 2023–24 by ESGRisk.Ai, reflecting status as an ESG leader with a strong track record in managing material ESG risks through a robust risk management framework.
Apraava Energy participated in its first CDP disclosure, receiving a C score in both Climate Change and Water Security, in line with Global Average, Regional Average, and Activity Group Average as per the CDP score release. This score places us at the Awareness level, reflecting our growing understanding of how climate and water-related issues intersect with risk, performance, and long-term value.
ESG score of 60.68 for FY 2023–24 by ESGRisk.Ai, reflecting status as an ESG leader with a strong track record in managing material ESG risks through a robust risk management framework.
Apraava Energy participated in its first CDP disclosure, receiving a C score in both Climate Change and Water Security, in line with Global Average, Regional Average, and Activity Group Average as per the CDP score release. This score places us at the Awareness level, reflecting our growing understanding of how climate and water-related issues intersect with risk, performance, and long-term value.
Office
Thermal Asset
AMI
Power Transmission
Solar Power Plant
Wind Farm
Under
Construction
Not Operational
This map is for illustration purpose
Wind Capacity
Solar Capacity
Thermal Power
Transmission
AMI
• Apraava Energy operates multiple wind farms across six Indian states, yielding a combined capacity of 1,173.25 MW.
Rajasthan
Rajasthan
Rajasthan
Gujarat
Gujarat
Gujarat
Madhya Pradesh
Maharashtra
Maharashtra
Maharashtra
Karnataka
Karnataka
Tamil Nadu
• Apraava Energy ventured into Solar power generation in 2016 and currently has 5 solar farms across the two Indian states of Telangana and Maharashtra.
Telangana
Telangana
Telangana
Maharashtra
Maharashtra
• Apraava Energy’s transmission lines, along with pooling substations, extend across four Indian states: Madhya Pradesh, Assam, Nagaland, and Manipur.
Madhya Pradesh
Assam, Nagaland, Manipur
• Apraava Energy operates a 1,320 MW supercritical coal-fired power station located in Jhajjar, Haryana, India.
Haryana
Gujarat
• Consumers Served (as of March 31, 2025): 1,161,312+
• States: Assam, Gujarat, Himachal Pradesh, West Bengal, Rajasthan, and others
• Total meters awarded as per the state:
Assam
Gujarat
West Bengal
Himachal Pradesh
Rajasthan
Madhya Pradesh
Our Double Materiality Assessment shaped strategic focus areas across the business. It helped us sharpen priorities, align resources, and double down on what matters most to stakeholders.
Our aim is to balance stakeholder interests and environmental considerations in all our business decisions, ensuring both operational efficiency and responsible corporate behaviour.
At Apraava Energy, we aim to create continuous value for all our stakeholders, which leads to holistic growth, balanced capital investment, and business sustainability across all six capitals. Our value creation model reflects how we use and transform resources—financial, manufactured, intellectual, human, social & relationship, and natural—into long-term value through an integrated, purpose-driven strategy..
Our Full Value Creation Model
Energy powers progress, and at Apraava Energy, we recognise our responsibility to drive growth and improve lives. This awareness has guided us in setting an ambitious vision for the future. Our asset portfolio continues to evolve through investments in Renewable Energy generation, Power Transmission, and Advanced Metering Infrastructure (AMI), delivering smarter and more efficient energy solutions.
View Complete Capital
Renewable Energy Capacity:
1,423.25 MW
Thermal Capacity (Jhajjar Power Limited):
1,320 MW
Transmission Lines:
494 km
Smart Meters Awarded:
6.86 million
Information, when harnessed correctly, acts as a compass. It ensures every decision is guided by clarity, precision, and strategic foresight. At Apraava Energy, we continue to move from disconnected systems to a single, unified digital lens. With the transition from SAP to Oracle, the expansion of AI-driven analytics, and the implementation of advanced cybersecurity defences, our foundation is stronger than ever.
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Investments in IT initiatives (₹ million):
261
Transition to Unified Oracle-based ERP
Centralised dashboards
Integration of cybersecurity protocols
We are as much a part of nature as nature is a part of us. ‘Apraava’ comes from a medley of four Sanskrit words: Agni (fire), Prithvi (earth), Ambu (water), and Vayu (wind). Our environmental responsibility is embedded in our identity. From zero liquid discharge to zero waste to landfill, and industry-leading biomass co-firing at our thermal asset to generating carbon credits from our renewable projects, our operations are rooted in sustainable practices that support climate goals and biodiversity conservation.
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Biomass co-fired at JPL:
215,165 MT
Total saplings planted:
63,274
Total Waste Recycled:
1297.03 MT
Scope 1 & 2 GHG intensity reduced by:
4%
At Apraava Energy, our people are the driving force behind our journey towards a cleaner, more sustainable future. We strive to cultivate an environment that fosters holistic well-being, empowering our people to unleash their full potential. In FY 2024–25, we achieved a second successive Great Place to Work recognition, reflecting our focus on engagement, safety, and development across all levels.
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Number of employees:
597
Total training hours:
41,915
Investment in training and development (₹ million):
29
Investment in wellness programs (₹ million):
109
At Apraava Energy, we believe that sustainable progress is measured not just in megawatts but in lives transformed. Every project, partnership, and decision we make is guided by the principle of creating long-term impact. This year, we surpassed 2.21 million lives impacted since 2021, delivering education, healthcare, climate resilience, and empowerment to communities across India.
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Investment in CSR (₹ million):
201.7
Employee volunteering hours:
4,260
Total lives impacted:
513,704
Children supported with mid-day meals:
34,000+
Financial capital is the catalyst for transformation. It is the means through which ambition takes shape and ideas turn into impact. In FY 2024–25, Apraava Energy strengthened its financial foundation through strategic financing, green investments, and robust risk management—enabling scale, resilience, and long-term value creation.
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Turnover (₹ million):
71,641
EBITDA Margin (₹ million):
19,008
Profit After Tax (₹ million):
2,555
Investment in low-carbon business (₹ million):
3,165
Social & Relationship Capital
*Please note that this includes unspent funds transferred towards ongoing projects and the administrative overheads as allowable under CSR rules.
ESG Rating
ESG score of 60.68 for FY 2023–24 by ESGRisk.Ai, reflecting status as an ESG leader with a strong track record in managing material ESG risks through a robust risk management framework.
CDP Disclosure
Apraava Energy participated in its first CDP disclosure, receiving a C score in both Climate Change and Water Security, in line with Global Average, Regional Average, and Activity Group Average as per the CDP score release. This score places us at the Awareness level, reflecting our growing understanding of how climate and water-related issues intersect with risk, performance, and long-term value.